Time Warner buys midwest cable company Insight for $3 bln

Time Warner Cable

Time Warner is expanding its cable subscriber footprint, announcing today that it has reached a definitive agreement to acquire midwest cable operator Insight Communications for $3 billion in cash. Insight has about three quarter of a million customers throughout Kentucky, Ohio, and Indiana; the majority subscribe to cable television services, but over half a million subscribe to home broadband services, and more than a quarter million subscribe to voice services as well.

Time Warner currently has about 12 million residential video customers, almost 10 million high-speed data subscribers, and 4.4 million voice customers.

“We believe in our business and its long-term prospects and have long thought that Insight’s well-run, technologically advanced systems would fit well with our Midwest operations,” said Time Warner Cable CEO and chairman Glenn Britt, in a statement.

Insight is one of the nation’s ten largest cable operators; it’s currently owned by a series of private equity firms, including the Carlyle Group, Crestview Partners, and MidOcean Partners, along with members of Insight’s management and executive teams.

Time Warner expects the deal will enable the company to save about $100 million a year through cost reductions, with the majority of those savings being realized within two years of the deal closing. The deal market continued consolidation in the cable business as it works to increase efficiency and profit margins as consumers seem increasingly willing to dispense with pay TV in favor of online video offerings.

Home Theater

Boy dies after being electrocuted through his headphones

A 16-year-old Malaysian boy appears to be the latest victim in a growing list of people who have been electrocuted by their smartphones via their headphones. It's believed that a faulty charging cable is the culprit.
Home Theater

Kill your cable and switch to streaming with our painless guide

If you're going to quit cable or satellite for a streaming TV solution, you're going to want to get it right the first time. We've outlined exactly how to get started, step by step. Follow our lead, and you'll never look back.
Movies & TV

Lose the torrents. Here's how to watch 'Game of Thrones' online (legally)

Game of Thrones is one of the most popular shows on TV, but unless you're a cable subscriber, finding a way to watch isn't always easy. Check out our guide on how to watch online, whether you prefer using HBO, Hulu, or Amazon.
Home Theater

Here's how to pick out the best TV stand to enhance your viewing experience

This TV stand buying guide will cover how much space you need for equipment, how the stand manages cables, and the size of the stand you need as you look for a new model that fits in your home.
Computing

Microsoft’s latest patent paves the way for Andromeda dual-screen mobile device

The latest patent discovery from Microsoft showcases a new hinge design for quickly opening a dual-screen mobile device with a single hand. Could this be additional proof surrounding the rumors of the company's Project Andromeda device?
Computing

Heal your wrist aches and pains with one of these top ergonomic mice

If you have a growing ache in your wrist, it might be worth considering changing up your mouse for something ergonomic. But which is the best ergonomic mouse for you? One of these could be the ticket to the right purchase for you.
Computing

Nvidia’s Jetson AGX Xavier module is designed to give robots better brains

Nvidia's pricey Jetson AGX Xavier might help drive the next generation of smart robots. Nvidia hopes that developers will use its new Xavier module to power AI-driven machines like delivery drones and robots used in manufacturing.
Computing

These Windows 10 keyboard shortcuts will update your OG Windows skills

Windows 10 has many new features, and they come flanked with useful new keyboard shortcuts. Check out some of the new Windows 10 keyboard shortcuts to improve your user experience and save more time!
Computing

Leaked AMD Ryzen 3000 mobile benchmarks look fit for thin, low-power laptops

AMD is poised to give Intel a run for its money in the ultra-low-power processor space for laptops. Leaked benchmarks for the Ryzen 3000 APU series show the AMD processor besting Intel's Core i7 Y series in multicore performance.
Mobile

Apple is spending $1 billion to hire up to 15,000 new employees in Austin

Apple has announced a series of expansions across the U.S. -- including a massive expansion to the company's Austin campus that will see it spending $1 billion to accommodate for up to 15,000 new employees.
Computing

Will Windows 95 be reimagined? Microsoft’s tweet hints at a throwback

The classic Windows operating system may just be getting a reboot of its own. Microsoft tweeted a cryptic message involving the Windows 95 logo and saying that it had a special announcement for its customers today.
Computing

Microsoft Surface Pro 6: Everything you need to know

The Surface Pro 6 is officially here, though it's not as big of a redesign as you might have hoped. With a new coat of black paint and an 8th-gen processor, this is a small update. If you've been eyeing a Surface Pro, you may want to wait…
Computing

Style up your MacBook Air with one of these great cases or sleeves

Whether you’re looking for added protection or a stylish flourish, you’re in the right place for the best MacBook Air cases. We have form-hugging cases, luxurious covers and padded sleeves priced from $7 to $130. Happy shopping!
Computing

Want to make one hard drive act like two? Here's how to partition in Windows

If you don't want all of your files stored in one place but only have one drive to work with, partitioning is your best way forward. Here's how to partition a hard drive in Windows 10, step by step.